BEE
Governance
Terms and Conditions

Terms and Conditions

SPi levies a fee made up of 33,3% of annual Total Cost To Company (TCTC) remuneration package, plus Minimum Bonus and VAT, on a retained basis of 3 equal instalments. The fee is levied as follows:

• First instalment on commencement of assignment, which follows on signed approval of executive search proposal.
• Second instalment on submission of a suitable shortlist which meets the brief.
• Third instalment follows on appointment of preferred candidate.
• Expenses (travel, hospitality and advertising, if applicable) are client chargeable in arrears.